- October 16, 2024
- Posted by: Dao Trang
- Category: Hyperlogy news
On October 16, 2024, Hyperlogy had the honor of welcoming senior representatives from PingCAP – one of the leading companies in developing the open-source distributed database, TiDB, and a key partner of Hyperlogy in upgrading major payment systems. The meeting occurred in a lively and friendly atmosphere, opening up promising new collaboration opportunities!
PingCAP is a leading technology company focused on open-source distributed databases, with its flagship product TiDB – a cutting-edge distributed database system that integrates both OLTP (Online Transaction Processing) and OLAP (Online Analytical Processing) functionalities. TiDB stands out as one of the most popular open-source database solutions globally, offering enterprises unmatched scalability and the ability to handle vast volumes of data with speed and security. It is built to scale effortlessly to meet growing business demands while ensuring seamless integration with existing systems and delivering continuous service availability, even during expansion.
With the massive volume of online transactions processed daily in Vietnam, payment systems face significant challenges to ensure smooth, uninterrupted operations. Therefore, the collaboration between Hyperlogy and PingCAP is crucial, promising to deliver a robust and flexible payment system, ready to serve hundreds of millions of customers in the future.
During this visit to Vietnam, several senior executives from PingCAP joined to exchange ideas and discuss strategic initiatives with Hyperlogy: Mr. Davis Zhu – Senior Vice President, GM of Asia Pacific, Mr. Terry Purcell – Chief Optimizer Architect, Mr. Alex Fan – APAC Head of Sales, and Mr. Howard Cheng – Account Executive.
Hyperlogy and PingCAP: Moving Forward Together Towards Long-Term Development
The meeting, conducted positively and productively, marks an important milestone in the partnership between Hyperlogy and PingCAP. Both parties held extensive discussions on technical solutions, implementation timelines, and common goals for the payment system upgrade project.
Hyperlogy and PingCAP expect that the combination of Hyperlogy’s extensive experience in banking and finance, along with PingCAP’s advanced technological solutions, will bring success to the payment system upgrade project.
Comprehensive Solutions – Key to Success for Many Payment System Upgrades
Hyperlogy takes pride in over 20 years of experience in developing software for the banking and finance sector, having successfully implemented several critical projects. This reinforces Hyperlogy’s pioneering position in developing cashless payment solutions and promoting digital transformation in the payment industry to meet the increasing demands of the market. As such, Hyperlogy will play a key role in major upcoming payment system upgrade projects.
At the same time, PingCAP’s TiDB solution, with its flexible scalability and high performance, will be a key factor in meeting the growing transaction demands. TiDB supports the payment system by significantly enhancing its overall performance without concerns about the limitations of the old infrastructure, ensuring system continuity, and minimizing downtime and risks for critical financial transactions.
The partnership between Hyperlogy and PingCAP marks an important milestone for Vietnam’s cashless payment system. It also affirms both parties’ roles in pioneering the application of modern technology in finance, enhancing both efficiency and security for the national payment system.
About PingCAP
Founded: PingCAP was established in 2015 and has quickly become a leading name in the field of distributed databases.
TiDB: PingCAP’s flagship product is TiDB, designed to scale easily according to the needs of enterprises, with the ability to handle high loads. TiDB supports seamless integration with existing applications without requiring infrastructure changes and ensures high availability without causing interruptions during scaling.
Applications: TiDB has been widely adopted across various industries, including finance, e-commerce, logistics, and information technology, with major clients such as Shopee, VISA, UnionPay, Square, PayPay, LinkedIn, Pinterest, and more.
Website: https://www.pingcap.com/